FORM NL-4-PREMIUM SCHEDULE

Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   

PREMIUM EARNED [NET]

FOR THE PERIOD ENDED 30.06.2021

A

FIRE INSURANCE

   

( ₹ in 000)

 

PARTICULARS

For the  Three Months  ending 30.06.2021

For the First Quarter Ending 30.06.2021

For the  Three Months  ending 30.06.2020

For the First Quarter Ending 30.06.2020

 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

39540 443

39540 443

39259 197

39259 197

 

Less : Premium on reinsurance ceded

3822 631

3822 631

6668 492

6668 492

 

Net Premium

35717 812

35717 812

32590 705

32590 705

 

Adjustment for change in reserve for unexpired risks

806 393

806 393

-2188 257

-2188 257

 

Premium Earned (Net)

36524 205

36524 205

30402 448

30402 448

      
      

B

MISCELLANEOUS INSURANCE

    

(1)

MOTOR

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

24067 090

24067 090

17262 368

17262 368

 

Less : Premium on reinsurance ceded

 0

 0

775 794

775 794

 

Net Premium

24067 090

24067 090

16486 574

16486 574

 

Adjustment for change in reserve for unexpired risks

-3753 169

-3753 169

892 492

892 492

 

Premium Earned (Net)

20313 921

20313 921

17379 066

17379 066

      
      

(2)

AVIATION

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

1730 029

1730 029

3469 702

3469 702

 

Less : Premium on reinsurance ceded

1158 336

1158 336

1764 827

1764 827

 

Net Premium

571 693

571 693

1704 875

1704 875

 

Adjustment for change in reserve for unexpired risks

558 544

558 544

307 511

307 511

 

Premium Earned (Net)

1130 237

1130 237

2012 386

2012 386

      
      

(3)

ENGINEERING

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

3867 643

3867 643

3453 173

3453 173

 

Less : Premium on reinsurance ceded

441 628

441 628

933 056

933 056

 

Net Premium

3426 015

3426 015

2520 117

2520 117

 

Adjustment for change in reserve for unexpired risks

-749 596

-749 596

391 168

391 168

 

Premium Earned (Net)

2676 419

2676 419

2911 285

2911 285

      
      

(4)

W.C.

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

78 728

78 728

284 766

284 766

 

Less : Premium on reinsurance ceded

 23

 23

 0

 0

 

Net Premium

78 705

78 705

284 766

284 766

 

Adjustment for change in reserve for unexpired risks

102 891

102 891

-108 804

-108 804

 

Premium Earned (Net)

181 596

181 596

175 962

175 962

      
      

(5)

Liability

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

1776 716

1776 716

2786 886

2786 886

 

Less : Premium on reinsurance ceded

138 797

138 797

310 680

310 680

 

Net Premium

1637 919

1637 919

2476 206

2476 206

 

Adjustment for change in reserve for unexpired risks

632 882

632 882

-329 771

-329 771

 

Premium Earned (Net)

2270 801

2270 801

2146 435

2146 435

      
      

(6)

PA

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

933 841

933 841

2035 978

2035 978

 

Less : Premium on reinsurance ceded

27 799

27 799

 1

 1

 

Net Premium

906 042

906 042

2035 977

2035 977

 

Adjustment for change in reserve for unexpired risks

358 362

358 362

-225 423

-225 423

 

Premium Earned (Net)

1264 404

1264 404

1810 554

1810 554

      
      

(7)

Health

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

6461 795

6461 795

8434 683

8434 683

 

Less : Premium on reinsurance ceded

344 388

344 388

168 804

168 804

 

Net Premium

6117 407

6117 407

8265 879

8265 879

 

Adjustment for change in reserve for unexpired risks

1103 905

1103 905

-932 748

-932 748

 

Premium Earned (Net)

7221 312

7221 312

7333 131

7333 131

      
      

(8)

Agriculture

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

53126 291

53126 291

69832 373

69832 373

 

Less : Premium on reinsurance ceded

6547 430

6547 430

152 710

152 710

 

Net Premium

46578 861

46578 861

69679 663

69679 663

 

Adjustment for change in reserve for unexpired risks

-14000 604

-14000 604

-8056 544

-8056 544

 

Premium Earned (Net)

32578 257

32578 257

61623 119

61623 119

      
      

(9)

Oth. Misc.

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

2599 615

2599 615

3378 135

3378 135

 

Less : Premium on reinsurance ceded

249 006

249 006

943 940

943 940

 

Net Premium

2350 609

2350 609

2434 195

2434 195

 

Adjustment for change in reserve for unexpired risks

-24 727

-24 727

474 285

474 285

 

Premium Earned (Net)

2325 882

2325 882

2908 480

2908 480

      
      

(10)

FL/Credit

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

252 270

252 270

510 231

510 231

 

Less : Premium on reinsurance ceded

-3 861

-3 861

 0

 0

 

Net Premium

256 131

256 131

510 231

510 231

 

Adjustment for change in reserve for unexpired risks

125 072

125 072

156 481

156 481

 

Premium Earned (Net)

381 203

381 203

666 712

666 712

      
      
 

TOTAL  MISCELLANEOUS

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

94894 018

94894 018

111448 295

111448 295

 

Less : Premium on reinsurance ceded

8903 546

8903 546

5049 812

5049 812

 

Net Premium

85990 472

85990 472

106398 483

106398 483

 

Adjustment for change in reserve for unexpired risks

-15646 440

-15646 440

-7431 353

-7431 353

 

Premium Earned (Net)

70344 032

70344 032

98967 130

98967 130

      
      

C

MARINE INSURANCE

    

(1)

MARINE CARGO

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

2815 184

2815 184

3592 201

3592 201

 

Less : Premium on reinsurance ceded

366 271

366 271

328 605

328 605

 

Net Premium

2448 913

2448 913

3263 596

3263 596

 

Adjustment for change in reserve for unexpired risks

412 590

412 590

-656 350

-656 350

 

Premium Earned (Net)

2861 503

2861 503

2607 246

2607 246

      
      

(2)

MARINE HULL

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

1474 012

1474 012

1158 086

1158 086

 

Less : Premium on reinsurance ceded

284 567

284 567

391 406

391 406

 

Net Premium

1189 445

1189 445

766 680

766 680

 

Adjustment for change in reserve for unexpired risks

-449 540

-449 540

1037 862

1037 862

 

Premium Earned (Net)

739 905

739 905

1804 542

1804 542

      
      
 

TOTAL MARINE

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

4289 196

4289 196

4750 287

4750 287

 

Less : Premium on reinsurance ceded

650 838

650 838

720 011

720 011

 

Net Premium

3638 358

3638 358

4030 276

4030 276

 

Adjustment for change in reserve for unexpired risks

-36 949

-36 949

381 512

381 512

 

Premium Earned (Net)

3601 409

3601 409

4411 788

4411 788

      
      

D

LIFE INSURANCE

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

4175 568

4175 568

3357 697

3357 697

 

Less : Premium on reinsurance ceded

169 968

169 968

124 372

124 372

 

Net Premium

4005 600

4005 600

3233 325

3233 325

 

Adjustment for change in reserve for unexpired risks

-931 171

-931 171

-396 382

-396 382

 

Premium Earned (Net)

3074 429

3074 429

2836 943

2836 943

      
      

E

TOTAL ALL CLASSES

    
 

Premium from direct business written

 0

 0

 0

 0

 

Service Tax

    
 

Adjustment for change in reserve for unexpired risks

    
 

Gross Earned Premium

    
 

Add: Premium on reinsurance accepted

142899 225

142899 225

158815 476

158815 476

 

Less : Premium on reinsurance ceded

13546 983

13546 983

12562 687

12562 687

 

Net Premium

129352 242

129352 242

146252 789

146252 789

 

Adjustment for change in reserve for unexpired risks

-15808 167

-15808 167

-9634 480

-9634 480

 

Premium Earned (Net)

113544 075

113544 075

136618 309

136618 309